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December 2016

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In the month of October, Vietnam imported around 15,800 ton of fibre worth US $24 million. The figures showcase a fall of 9.6 percent in volume and 15.4 percent in value over previous month, an official source from MOIT said.

In the past ten months, the country imported, in total, 1,41,400 ton of fibre worth $229.1 million, up 11.2 and 21.5 percent in volume and value year-on-year.

In the period from Janurary to October, Vietnam imported fibre from nearly 25 markets. Taiwan was the leading suppliers with 38,900 ton, valuing $65.6 million, accounting for 27.5 percent of the total import.

The country also procured around 42,100 ton and 16,700 ton of fibre from Thailand and Korea respectively worth $63 million and $30.0 million. Notably, the import from China incessantly soared 97.9 percent in volume and 143.3 percent in value on-year, to be 15,900 ton at $25.7 million.

The import price of fibre from these key markets stood with in the range of $1,025-$2,570 per ton, up 9.2 percent on an annual basis.

The price of polyester 4D x 51mm fibre imported from Korea continued to drop by 8.8 percent compared to previous month to $1,550 per ton.